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Recently, nLIGHT, a manufacturer of high-power semiconductors and fiber lasers, announced its financial performance for the second quarter of 2024.According to the financial report, nLIGHT achieved a revenue of $50.5 million in the second quarter of 2024, a year-on-year decrease of 5.2% and an increase of 13% compared to the first quarter; The GAAP net loss for the second quarter was $11.7 million...
Thermowood has developed a large-scale additive and subtractive material manufacturing equipment, LSAM, and successfully printed tooling molds on site that can be used for aerospace composite material forming, demonstrating its low-cost and rapid response to composite material manufacturing capabilities to the public.As a large-scale component additive manufacturer, Thermowood has developed a near...
Recently, Markets And Markets released a five-year assessment report on the global laser industry. According to the report, the global laser technology market is expected to reach $20 billion by 2024 and is projected to reach $29.5 billion by 2029, with a compound annual growth rate of 8.0% during the forecast period.Global Laser Technology Market ForecastThe reasons for market growth include: the...
Recently, HieFo, a leading enterprise in the field of optical communication, officially launched its HCL30 DFB laser chip, designed specifically to meet the stringent requirements of coherent optical transmission. This chip combines efficient optical output power with excellent narrow linewidth performance, providing multiple industry standard wavelength options in the O-band and C-band, bringin...
Tokamak Energy is currently developing a new laser measurement technology for controlling extreme conditions inside fusion power plants.The laser based dispersion interferometer system is being tested at the company's headquarters in Oxford and will be installed on its world record breaking fusion machine ST40 later this year.Clean, safe, and renewable nuclear fusion power generation occurs inside...